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Asia News - Page 78

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Casino Resort Planned for Philippines

International News Brief: A Korean investor is building a Twin Tower hotel, called Subic Paradise Condominium Hotel and Casino, together with a Retirees’ Village inside the Subic Bay Metropolitan Authority.

South Korean Gambling Figures Released

International News Brief: A total of 270,190 people have lost 681.5 billion won gambling in a local casino from October 2004 to July this year, an opposition lawmaker claimed Tuesday.

Steve Wynn's prospects in Singapore, Station Casinos' Plans in Reno and More

Steve Wynn exudes a quiet confidence about his company's chances of landing a highly sought-after license to develop a casino in Singapore.

SMG Added to Keppel-Harrah's Bid

International News Brief: Singapore's Keppel Land Ltd. and U.S.-based Harrah's Entertainment Inc. Thursday said they have added SMG Worldwide as a partner in their bid to build and operate the city-state's first casino resort.

Malaysian Government Releases Gambling Numbers

News Brief: The Malaysian government collected more than RM7 billion in taxes from gambling activities between 2001 and 2004, according to the finance ministry.

Chinese Bookie Sentenced

International News Brief: The organizer of an illegal online football gambling site has been sentenced to two-and-a-half years in prison by the Beijing No 1 Intermediate People's Court.

Genting Highlands Gets Makeover

International News Brief: Genting Highlands, Malaysia's oldest casino resort, is undergoing an image revamp in its bid to out-do increasing competition.

Chinese Officials Seek Advice From UNLV Tourism Faculty

Chinese officials are looking to nab some serious American trade secrets.

Lottery to Replace Jueteng in Phillipines

International News Brief: Small town lottery, a legalized version of the illegal numbers games jueteng, masiao and loteng, is set to operate in various parts of the Philippines.

Macau Gaming Tax Rises

International News Brief: Macau's income from direct gaming tax rose 17.8 percent year-on-year in the first eight months, according to official statistics issued here on Monday.

Singapore to Miss September Deadline

International News Brief: Singapore is likely to miss an end-September deadline to issue tender documents for a casino resort on Marina Bay, people involved in the process say.

Website Attracts Japanese Gamblers

International News Brief: A new type of Web site has proved to be a Japanese gambler's online paradise.

Golden Resorts Loss Up

International News Brief: Golden Resorts Group, a Hong Kong watchmaker turned Macau hotel-casino operator, said its first-half loss widened sharply to HK$365.9 million from HK$3.2 million a year earlier thanks largely to new accounting rules.

Singapore Prepares Request for Proposals

International News Brief: Singapore is preparing a formal request for proposals from a dozen hotel and development groups that are seeking concessions to operate casino-resorts in the city-state.

Ong Beng Seng Joins Genting's Casino Bid

International News Brief: Singapore businessman Ong Beng Seng is joining Malaysian casino company Genting International PLC and U.S. theme park operator Universal Studios in their bid to build a casino resort on Sentosa island.

Las Vegas Companies Lead Singapore Short List

An Asian casino expert says the four Las Vegas-based resort companies looking to build an integrated resort at Singapore's Marina Bay area have the inside track among 12 companies that have made the "short list" of developers.

Chinese Police Urged to Stop Cross-Border Gambling

International News Brief: The Ministry of Public Security has issued a circular urging local police of some border areas to stop Chinese citizens from gambling in neighboring countries.

Company Exits Deal to Build Cotai Strip Resort Site with Sands

Las Vegas Sands Corp. said an international hotel company that pulled out of a deal to jointly develop one of eight resort sites on the Cotai Strip near Macau will need the Chinese government's approval to go off on its own.

Las Vegas Sands Launches Problem-Gambling Program

The Venetian's parent company is working with the Harvard University Medical School Division on Addictions to start a program that trains all employees, from senior management on down, to recognize customers and co-workers who show signs of problem gambling.

Thai PM Cautious on Casino Idea

International News Brief: Prime Minister Thaksin Shinawatra yesterday reacted cautiously to his tourism minister's idea of legalising casinos, which has drawn mixed views from academics and tour operators.

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